Thu 8 Feb 2007
Sometimes, teaching people how to get rich gets me a bad rap. “You just want to make money,” I’ve been told. Or “money isn’t everything.” These gems, while not particularly eloquent, do have a point. Actually, I’d prefer that these people ask me why I teach people to be rich. It’s important to ask yourself, too: Why do you want to be rich?
Take a second and think about it.
Do you want to have a luxurious lifestyle? Do you want to travel? To eat at nice restaurants? Maybe you want to start your own business.
I believe it’s really important to consciously think about why you want to be rich. If you don’t, it’s easy to get caught up in a race to get more and more money without ever knowing why.
“But Robin,” you might say, “I’m really smart. I got a 4.0 at Stanford and I don’t really want to take the time to think about this. I just want some cash, playa!!”
After I point and laugh at you, I’ll actually get serious. Trust me–take an hour to write it down and compare your long-term goals to what you’re actually doing on a day-to-day basis. It’s easy to say and harder to do, so I’ve taken my own advice below. And hopefully, I can use these things to explain why I teach people to be rich. It’s not just money–far from it.
Read
Why I teach/learn how to be rich
In one sentence: I never want to have to make a bad decision because of money (e.g., staying at a job I don’t love because of car payments). Make a list of your long term goals< and set out at achieving them .There it is: an online, accountable list of goals for why I teach and learn how to be rich. What if you made a list and checked it every 6 months to see if you were moving towards your goals?
February 8th, 2007 at 12:18 pm
i liked the concept, ill be be back, cheers.
February 8th, 2007 at 1:17 pm
You got a cool website to begin with! Looks like it has a great potential to develop into portal for non-financial people to learn something about managing their finances. Good luck! RK
February 8th, 2007 at 1:19 pm
I’ll be checking out your blog, could always use money advice…thanks for stopping by mine.
February 9th, 2007 at 5:21 am
Actually for me it’s not having lots of money or being rich for that matter. It is more on being successful in life. Like having a happy family and just enough money to fill our needs.
What would be your mucho dinero for if you’re not happy — not at all times you can buy happiness.
February 12th, 2007 at 1:28 pm
wow good
February 12th, 2007 at 6:12 pm
Thanks Robin for attracting my attention to this website…I am enjoying reading it very much…and it does make me think…
Rich is of course a debatable concept.
I have been in a situation where I had nearly nothing…Compared to that time I am rich today and I have done exactly the stuff that you describe…and sometimes I still count the pieces of toiletpaper I use… Like you said there are many ways to save!!!
I LOVED your suggestion of sitting down and writing down : Why do I want to be rich?
The answer for me is : I don’t ….
I have more than enough today to fulfill all my needs; I love the fact that I still have wants and goals to save up for.
I believe that having too much money really corrupts…not every time , not every one…but in my very personal estimate in about 90% of cases.
And it is wonderful to be debtfree.
I have been trying to loose 10 kilos over the past three years….but I am not getting there fast!! Love that analogy!
Keep writing….and I’ll keep reading!
Love
ineke
April 12th, 2010 at 7:16 pm
money is not the GOAL by itself..it is just a MEAN for your goals…people tend to forget it and become miserably greedy….
very nice and interesting blog
gabby
April 12th, 2010 at 8:50 pm
Hi Gabby,
Thanks for your visit and comment. Your statement does make sense.
Take care and cheers